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Dec 6, 2012
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and will start taking share in china, all the big carriers will be selling it and an omg product might be on the way. the market capitalization will still be outsized versus the rest of the market and that i don't like. there's nothing you can do about the rest of the market, right? as we settled three times today, if you want to measure the selloff here, use the 12 days of christmas approach. three nikes, four price lines, eight dells, nine coaches, ten may cy's, 11 ralph laurens, 12 mattells and a partridge and pear tree and it's still a $1 billion company. it goes down $100 billion in cash and plus it's growing. the price to earnings multiple, the apples to apples method so to speak will be the lowest in the whole s&p 500. that can and is happening. valuation will get so cheap that apple will be too compelling for informed people not to own. the company's not going to sell through all of the cash and respective cash and this company is one gigantic atm machine. and guess what? the chart with the nauseating terminology will be meaningless at that point. the technology, not the techni
and will start taking share in china, all the big carriers will be selling it and an omg product might be on the way. the market capitalization will still be outsized versus the rest of the market and that i don't like. there's nothing you can do about the rest of the market, right? as we settled three times today, if you want to measure the selloff here, use the 12 days of christmas approach. three nikes, four price lines, eight dells, nine coaches, ten may cy's, 11 ralph laurens, 12 mattells...
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Dec 6, 2012
12/12
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if china bounces back quicker than we anticipate, or if europe flattens out. we're optimistic next year. we want to make sure our clients are in this market. >> scott, good to have you on the program. >> all right. thanks, guys. >> you know, he's not alone. lots and lots of analysts are coming out with their forecasts for next year. pretty bullish. >> even morgan stanley, right? >> yeah, for once. all right. heading toward the close here with about 12 minutes left. the dow hanging on to a gain of about 30 points. >> the situation with anti-virus software pioneer john mcafee is going from strange to surreal. he's now in custody. now reportedly has had two heart attacks. we're going to tell you the latest on this bizarre and evolving story. >>> also, the ceo of accounting giant recently met with president obama. he say miss other ceos in that meeting agreed the tax rates for the wealthy have to rise as part of any fiscal cliff deal. he joins us exclusively later on "the closing bell." stay tuned. [ male announcer ] this december, remember -- ♪ you can stay in
if china bounces back quicker than we anticipate, or if europe flattens out. we're optimistic next year. we want to make sure our clients are in this market. >> scott, good to have you on the program. >> all right. thanks, guys. >> you know, he's not alone. lots and lots of analysts are coming out with their forecasts for next year. pretty bullish. >> even morgan stanley, right? >> yeah, for once. all right. heading toward the close here with about 12 minutes left....
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Dec 6, 2012
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china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best products in the world and it's inexpensive. >> that's a lot of people looking at the chart. >> look again, the people who own apple, they were the ones who owned it because it was going up. it reminds me very much in 1999, what do i do with my nortel, it's at 110. in the meantime, roth, the ceo gives a session, an off the record session, or a session where he bashed 15 people. and said you know what? we're going to miss the numbers really big. apple is not nortel, but it trades like those that do and people get into the rut of saying i got
china confirms talks with apple. but the problem here, he says tech is not an issue, it's mainly about the business model and benefit sharing issues. that could be a problem. >> he is also playing the part of what many analysts are doing, which is let me explain why it's going down, in the same way that the death cross, i always love the death cross, this is a technical term. i can think of a million reasons to sell it. the only reason i want to own it is because it makes the best...
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Dec 7, 2012
12/12
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how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i don't want to write-off yum. i feel like this was so devastating. i got to see something positive before i can come on this show and say buy it. >> how about wsm? >> here's a terrific report. they say the growth story is unappreciated. william sonoma next week pier 1 reports next week restoration hardwa hardware. everything in the house is doing better. possible sandy story. possible employment story. where would those employment numbers be had it not been for sandy? business is real good for ll. no one wants to say our business is great because of sandy because of the loss of life and the
how good is china? how weak is china. don't worry about it. unit growth coming back. china will follow in terms of same store. the market disagrees. i think the stock is very cheap. it's show me. until we see an inflection point in china, right now people feel like it's gone like this. be careful. yum. >> there are some lonely bulls out there on yum even at these levels. >> i happen to think that the united states could turn. i like the ceo. he's always reacted to whatever is bad. i...
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Dec 12, 2012
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they love coal in china. i don't want to make a judgment on whether that's -- but they are huge coal plant builders there. huge. >> an important one to watch. we'll talk about a bunch more after the break. what does goldman have to say about the state of the economy. we'll get that exclusive a little bit later in the show. costco, as we said, set to open higher after that better than expected number. will other retailers follow suit. we'll get the answer when the opening bell rings in just about 4 1/2 minutes. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from ch [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with
they love coal in china. i don't want to make a judgment on whether that's -- but they are huge coal plant builders there. huge. >> an important one to watch. we'll talk about a bunch more after the break. what does goldman have to say about the state of the economy. we'll get that exclusive a little bit later in the show. costco, as we said, set to open higher after that better than expected number. will other retailers follow suit. we'll get the answer when the opening bell rings in...
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Dec 15, 2012
12/12
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china is overwhelmingly coal fired. they get another $5 million a year or so from trading in the space. what i would expect to see is some increasing of their mining revenues. >> two parts. the actual stock and the trade. >> i have no view on the stock. the fundamental picture that's set up in the relativeness to the shanghai i think is very interesting. i like the trade structure. if you're prepared to get along at 24, going to take some margin. >> it is. this is a trade that really gets the math working for you because you're short that put. if you're willing to buy the stock down there, it's a great way, no cost. nothing out-of-pocket to do that. >> one more time on the stocks verses options button. want to buy peabody, convinced it's a good china play? $28 a share. in mike's option, mike could be forced to buy it at $24 or about a 14% discount. we'll see carter later on in the show. got a question out there, send us a tweet at cnbc options. we'll answer it right after the show on our new website. yes, options action
china is overwhelmingly coal fired. they get another $5 million a year or so from trading in the space. what i would expect to see is some increasing of their mining revenues. >> two parts. the actual stock and the trade. >> i have no view on the stock. the fundamental picture that's set up in the relativeness to the shanghai i think is very interesting. i like the trade structure. if you're prepared to get along at 24, going to take some margin. >> it is. this is a trade that...
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Dec 16, 2012
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. >> and will it be in china? will the iphone make it in china? >> i got up this morning and turned on cnbc. >> of course you did. >> one dude was at the shanghai store in line waiting for the iphone 5. >> there are a lot of pre-orders. but the question is, will they get china mobile? that's 80% of the smart phone users in china. that's a big question. >> how long have we been waiting for apple tv? >> we could be waiting for months more. >> john has the latest on a developing story between apple and walmart. john? >> yeah, melissa. big news today that kind of slipped under the radar. that's that walmart is discounting apple products way more than we could have expected. the iphone 5 starting today, the entry level iphone 5 down to $127. normally, at most outlets, $199. the new ipad, the fourth generation ipad, starting monday is going to be at $399, plus they'll throw in a $30 itunes gift card. i've been trying to make calls to figure out what the nature is of this promotion. what i gathered is this isn't something apple is pushing at all which pr
. >> and will it be in china? will the iphone make it in china? >> i got up this morning and turned on cnbc. >> of course you did. >> one dude was at the shanghai store in line waiting for the iphone 5. >> there are a lot of pre-orders. but the question is, will they get china mobile? that's 80% of the smart phone users in china. that's a big question. >> how long have we been waiting for apple tv? >> we could be waiting for months more. >> john...
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Dec 10, 2012
12/12
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china's corporate criminals who are often inditing wishable. we don't want to give the chinesing nomic sift apple larger footprint into american capitalism. secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer. an american-owned option. >> on that point, alan, is there any sensitive technology or information that is going to be given to the chinese through this trance ak. >> that's a great question, mandy. you are broadcasting from northern jersey, right sni think you recently you learned how important electricity grids are, right? when you don't have electrical power bb life becomes very bad. a123 is making product that helps control the electricity grid system. do we want the chinese owning this technology? the possibility for sabotage is after t astro nom cal.
china's corporate criminals who are often inditing wishable. we don't want to give the chinesing nomic sift apple larger footprint into american capitalism. secondly, this makes a mock rift green energy policies. the main rational for which was we don't want these so-called industries of the future controlled by foreign countries and by foreign companies. and here we are, transferring all of this property over to a chinese company. and there was an american buyer. there was an american buyer....
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Dec 1, 2012
12/12
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KRCB
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there's been demand storiologist the export side from countries around china that sell into china that have been recently good. so i think there's a reason to be hopeful that we're going to see an uptick here. longer term, no question, chinese consumers are going to be more favorably inclined to buy goods that are made in china. but i don't think we expect to see a very sharp shift on that right now in the next couple of months. >> susie: you don't think this is going to impact the companies that have a china strategy? we hear from so many companies like starbucks or marriott hotels who say china is going to be their biggest market long-term outside of the united states. do you think that they're on track to continue with that policy, despite the bumps along the way? >> yeah, i think the big story here is really going to be the urbanization story. i mean the expectation that the chinese government has is really azing. they expect $300 million people are going to move from rural areas to urban areas within china over the next 20 years. if that happens the way the government expects it's
there's been demand storiologist the export side from countries around china that sell into china that have been recently good. so i think there's a reason to be hopeful that we're going to see an uptick here. longer term, no question, chinese consumers are going to be more favorably inclined to buy goods that are made in china. but i don't think we expect to see a very sharp shift on that right now in the next couple of months. >> susie: you don't think this is going to impact the...
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Dec 7, 2012
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starbucks is not slowing down in china. we see slowdown in china from yum! brands. we also see it from tiffany's. starbucks had a very, very good quarter. the stock gapped higher. analyst howard schultz said the right thing, they are not slowing down in china. green mountain i think has problems. they have too much competition. they have a lot of inventory. there is possible accounting. i would not be selling puts in a stock like green mountain, that you could blink your eye, it could be $25 next week. > > it went down from $110. i'm comfortable owning it at a lower level. i think- > > what level? it traded at $29- > > if i buy it at $30, i can live with that- > > it just traded 18 two months ago- but to get back to starbucks, starbucks is going into tea in india. that's big. > round number three: tip top ten. 10 s&p stocks make up 80% of the index climb. is that bullish or bearish for equity markets? > > obviously it is bullish. if you look at what stocks have rallied this year, we talked about it last week, is the banks. the banks have been on fire. apple is one o
starbucks is not slowing down in china. we see slowdown in china from yum! brands. we also see it from tiffany's. starbucks had a very, very good quarter. the stock gapped higher. analyst howard schultz said the right thing, they are not slowing down in china. green mountain i think has problems. they have too much competition. they have a lot of inventory. there is possible accounting. i would not be selling puts in a stock like green mountain, that you could blink your eye, it could be $25...
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Dec 7, 2012
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among the catalysts were that china's economy is stabilizing. the nikkei hit a seven-month closing high yesterday. and in europe you can see the markets are indicated slightly lower but, again, these are the same sort of moves in the futures here. a lot could depend on what happens at 8:30. >> why are you shaking your head, joe? >> nothing. i was getting info. >>> a new survey by potomac research group finds 60% of leading investment professionals predict a sharp decline in the economy if the government fails to make a deal. it's defined as a more than 10% drop in the dow. he's still shaking his head. the group polled hedge fund and pension funds and money market managers and 56% surveyed said a deal to avoid the fiscal cliff by year end. 44% predict failure in the ongoing negotiations. >>> let's get back to the jobs report due out, in less than 30 minutes, joining us now is mark zandi, chief economist at moody's analytics and jared bernstein former economic adviser to vice president joe biden. he has the finest nod and smile when he's introduce
among the catalysts were that china's economy is stabilizing. the nikkei hit a seven-month closing high yesterday. and in europe you can see the markets are indicated slightly lower but, again, these are the same sort of moves in the futures here. a lot could depend on what happens at 8:30. >> why are you shaking your head, joe? >> nothing. i was getting info. >>> a new survey by potomac research group finds 60% of leading investment professionals predict a sharp decline in...
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Dec 14, 2012
12/12
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one for her sister in china and another for another family member. neil: so we are not talking about dozens or hundreds or anything like that to . >> for phones, and for that, she was beaten for an animal. neil: apple has been commenting, as you know, the chinese stealing technology here, stealing phones, phone them at a big premium abroad, did not come up with anything you heard about or anyone you talk to? >> because she is an asian woman, they immediately go there. she is just a very nice and respectful and quiet lady. a very successful businesswoman from shanghai. she doesn't need to do that to make money. even if she was, does not want her being beaten like that. neil: i don't understand the events that led to anyone getting tased in the store. could she resist or yell or scream? >> she yelled and she screamed. when it be ironic if the chinese government followed up a complaint about the maltreatment of one of their nationals. >> as far as you know, do you know what is your fiancÉ do? and she involved in the technology industry? >> she was an a
one for her sister in china and another for another family member. neil: so we are not talking about dozens or hundreds or anything like that to . >> for phones, and for that, she was beaten for an animal. neil: apple has been commenting, as you know, the chinese stealing technology here, stealing phones, phone them at a big premium abroad, did not come up with anything you heard about or anyone you talk to? >> because she is an asian woman, they immediately go there. she is just a...
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Dec 7, 2012
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but first we go under the radar for china. what new data beyond the great wall is suggesting about investment opportunities there. those stories and much more coming up on halftime. >> i think you know we upgrayed our exposure to china last week, so i kind of agree with some of the comments just made, the recent data reports look better in china. they have really outperformed. therefore that latter group is cheap. so we like increasing china exposure. >> that was morgan stanley's adam parker, one of the biggest bears on the street getting bullish right here on kwf hattime." jane ulrich joins us now with her 2013 outlook. it's nice to see you again. welcome. >> thank you very much. >> is it just me or has sentiment seemed to change better? >> absolutely. yes, indeed. i think november was actually the inflexion report for the chinese market and kmchinese economy. if you look at the data, pmi data are more positive. industrial production is up. retail sales are bouncing back. but more importantly i've been speaking to a lot of co
but first we go under the radar for china. what new data beyond the great wall is suggesting about investment opportunities there. those stories and much more coming up on halftime. >> i think you know we upgrayed our exposure to china last week, so i kind of agree with some of the comments just made, the recent data reports look better in china. they have really outperformed. therefore that latter group is cheap. so we like increasing china exposure. >> that was morgan stanley's...
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Dec 24, 2012
12/12
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how much of a foray will china make into europe? > > as the chinese captain who runs cosco told me, europe had, for a long time, enjoyed a number of protections. they started spending a lot of money that they didn't have, and now they're paying a price. so what is going to have to happen going forward is that probably europeans are going to have to go back on a number of protections, moving somewhat in the direction the chinese are, which is perhaps to say lower wages, less protections. but europeans certainly, and certainly here in greece, are going to be fighting back against a wholesale backslide toward, again, what many see as the possibility of stumbling into third world working conditions. > > liz alderman of the new york times. thanks so much for your reporting today. > > thank you for having me. still ahead, hits and flops. a look back at the movies that brought riches and pr headaches for film studios. but first, we'll hear from the man who shook things up after a stunning exit from goldman sachs. that's next. wall street e
how much of a foray will china make into europe? > > as the chinese captain who runs cosco told me, europe had, for a long time, enjoyed a number of protections. they started spending a lot of money that they didn't have, and now they're paying a price. so what is going to have to happen going forward is that probably europeans are going to have to go back on a number of protections, moving somewhat in the direction the chinese are, which is perhaps to say lower wages, less protections....
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Dec 10, 2012
12/12
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it plans to open 2400 starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be passed that could weaken the power of unions. protestors are furious. republican lawmakers moved quickly last week to enact "right to work legislation," allowing workers at unionized companies not to pay dues to the union, which reduces bargaining power right in the uaw's own back yard. the measure has already been approved by both chambers of michigan's legislature, and final enactment could take place tomorrow. republican governor rick snyder supports the legislation. if enacted, it would make michigan the 24th state with right-to-work laws. recent strikes at a california sh
it plans to open 2400 starbucks in china and the u.s. within two years. "overall, there's going to be coffee available. that'll help you on pricing, so it might be a good time to be expanding." starbucks' expansion plans aren't only meared number of shops. in the last 12 months, its acquired juice company evolution fresh, bakery la boulange, and is about to finalize acquisition of tea company teavanna. tensions remain high in michigan's capitol city, where legislation is about to be...
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Dec 4, 2012
12/12
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is china your best bet in 2013? joining us is chief china equity strategist at goldman sachs. always great to speak with you. >> those pmi numbers seven-month high. fourth month gain. it is the longest streak in more than a year for the chinese currency and the stock market lowest level since 2009. what is telling the true story? >> well, i think obviously we are seeing pretty reasewassurin cyclical signs and the market is reacting more. there has been a big divergence in terms of performance. the reason the asian market is not turning so much is because it is less correlated to the global market. and secondly i think it is just not only focusing on structural reform issues more but more bearish on the cyclical outlook. those are probably some of the key differences. we think that tha asia market guys are a little too bearish on the cyclical and reform side. we think that 2013 returns will be a little higher for a versus for h. >> you have introduced with your most recent note at the end of november a reform basket of stocks. can you walk us through what that means? >> over th
is china your best bet in 2013? joining us is chief china equity strategist at goldman sachs. always great to speak with you. >> those pmi numbers seven-month high. fourth month gain. it is the longest streak in more than a year for the chinese currency and the stock market lowest level since 2009. what is telling the true story? >> well, i think obviously we are seeing pretty reasewassurin cyclical signs and the market is reacting more. there has been a big divergence in terms of...
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Dec 24, 2012
12/12
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david: it is time to go off the desk and over to china for a huge holiday pillow fight. they blew off some steam with a pillow fight. they had the names of bosses and professors on
david: it is time to go off the desk and over to china for a huge holiday pillow fight. they blew off some steam with a pillow fight. they had the names of bosses and professors on
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Dec 16, 2012
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by 2030, china is the second-biggest economy in the world right now. we think of it as an exporting economy but their growth has been internal. by 23 which is not that long way although it sounds far away, they will be the world's largest consumer economy. they will be the ones setting the trend in terms of one car is like and what a washing machine is like and what and ipad is like. they are also building more cities than anybody else, going from 75 cities of 1 million people to two 20 cities of 1 million people to almost 20 cities of ten million people and in doing that they will be building our highways and power plants of tomorrow and the czech writer has a lot of power in what these look like so they will be dictating what those things look like as well and as they create vast reserves of wealth and giving it to people who need to borrow it europeans who need to borrow it gain influence that way and when they go to latin america where they are the number one trading partner investor in brazil or africa where they are number one investor they get a
by 2030, china is the second-biggest economy in the world right now. we think of it as an exporting economy but their growth has been internal. by 23 which is not that long way although it sounds far away, they will be the world's largest consumer economy. they will be the ones setting the trend in terms of one car is like and what a washing machine is like and what and ipad is like. they are also building more cities than anybody else, going from 75 cities of 1 million people to two 20 cities...
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Dec 14, 2012
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Dec 15, 2012
12/12
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it is very interesting that president obama's says we should be more like china. well, china produces 70 percent of its electricity from coal and less than 2% from renewals. they are making these solar panels and wind turbines, exporting them to us for our use so our electricity becomes more expensive and then manufacturing because of the price of electricity here because over to china. it is very smart of these chinese, and it is completely legal. it is not as though they are engaging in anything under hand, and we are doing this to ourselves. a need to use our own resources, focus on the benefits of inexpensive energy. >> diana, you mentioned exports before and the possibility for exports. we had a project of the power and growth initiative, which you are aware of, of course, predicated on the idea that america can be what we call the new middle east. wonder if you can talk a little bit about why you feel that exports of energy, natural gas, well, actually is practical at this point? >> so, "we used to import, we imported a lot of natural gas. what is really int
it is very interesting that president obama's says we should be more like china. well, china produces 70 percent of its electricity from coal and less than 2% from renewals. they are making these solar panels and wind turbines, exporting them to us for our use so our electricity becomes more expensive and then manufacturing because of the price of electricity here because over to china. it is very smart of these chinese, and it is completely legal. it is not as though they are engaging in...
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Dec 7, 2012
12/12
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KBCW
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it says designed by apple in california, assembled in china. all apple products are made in china. that's about to change. ceo tim cook announced starting next year one line of computers will be designed and built in the usa. >> i think it's a big surprise. >> reporter: cnet says with one line of macs and not the iphone or ipad, apple is not taking a huge risk. >> for apple to say this is something they want to do that they want to manufacture here in the united states, it's a big deal. it's a big differentiate tore for this company. >> reporter: this is the image that apple likes to show. that has been tarnished by sweat shop conditions at the chinese factories. nets were installed outside the dormitories run by apple contractor to prevent suicides after several contract workers jumped to their deaths. after widespread media reports apple began to improve conditions. >> they love the computers but we were saying i don't know, it's not conscious consumerism which is what we're looking at now. where is your money going. what is it supporting? >> reporter: made in america may be an e
it says designed by apple in california, assembled in china. all apple products are made in china. that's about to change. ceo tim cook announced starting next year one line of computers will be designed and built in the usa. >> i think it's a big surprise. >> reporter: cnet says with one line of macs and not the iphone or ipad, apple is not taking a huge risk. >> for apple to say this is something they want to do that they want to manufacture here in the united states, it's a...
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china operations are all today. please. in the eleven long years since the nine eleven terrorist attacks americans have effectively been forced to live in a perpetual state of fear fear of terrorism the big bags scary beast that applies to way too much these days and with that has come a laundry list of controversial legislation that has systematically eroded the rights of american citizens most recently the two thousand and twelve national defense authorization act or the n.b.a. the bill that president obama signed on new year's eve of last year which included a closet granted the president the power to indefinitely detain american citizens on u.s. soil and although the senate recently passed the two thousand and thirteen n.b.a. along with the new provision of allegedly protecting american citizens from indefinite detention many legal experts are saying not so fast and they're speculating that the new bill might actually be worse than its predecessor so here to talk about the n.b.a. and the significance of this latest amen
china operations are all today. please. in the eleven long years since the nine eleven terrorist attacks americans have effectively been forced to live in a perpetual state of fear fear of terrorism the big bags scary beast that applies to way too much these days and with that has come a laundry list of controversial legislation that has systematically eroded the rights of american citizens most recently the two thousand and twelve national defense authorization act or the n.b.a. the bill that...
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Dec 24, 2012
12/12
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FBC
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china and the united states. david: hold on, bob, let me define what you mean about clean energy, a lot of people from nrc did do not include natural gas with clean energy, but do you? >> well, what i'm talking about is wind, solar and other sources, but the key-- >> what about natural gas bob? >> the key to it, david, how we get it. it has to be gotten in a responsible way. we can't continue to put our communities, our ranchers, our farmers at risk and we can't continue to kick down the road the transition we need to make for the sake of our economy, for the sake of our national security for the sake of our-- >> we're not kick it go down the road. this isn't a fiscal cliff kick down the road. they're improving techniques all the time. they're not kicking the problem down the road. >> most are. and those that aren't need to be required to do so. we need to improve the public oversight. right now they don't have to comply with our foundational safeguards, david. like the clean water act. safe drinking water. that
china and the united states. david: hold on, bob, let me define what you mean about clean energy, a lot of people from nrc did do not include natural gas with clean energy, but do you? >> well, what i'm talking about is wind, solar and other sources, but the key-- >> what about natural gas bob? >> the key to it, david, how we get it. it has to be gotten in a responsible way. we can't continue to put our communities, our ranchers, our farmers at risk and we can't continue to...
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Dec 17, 2012
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and china did 2 million iphone 5s. europe is week. but with demands elsewhere looking healthy, some numbers at least seem to be going apple's way. the question is whether samsung and amazon are meaningfully zapping the apple products. >> all right, jan. thanks so much. >> we've got both sides of that debate right now. the iphone 5's big debut in china is further proof that apple's fundamentals are solid one says. but stewart jeffrey is not sold. he says rivals like google's android are catching up. we were just talking there. jon pointing out the other competition out there. stock down 25% in the last three months. you remain bullish though. why? >> i do. i think a lot of the selling has to do with capital gains taxes. i think it was from the 700 level. and then you had another wave of it with long-term capital gains taxes. fears of that after the election we think caused an issue. we think that's why the stock is down. we still think it's quite solid. >> what about the competitive environment? stewart, that's one you've been looking
and china did 2 million iphone 5s. europe is week. but with demands elsewhere looking healthy, some numbers at least seem to be going apple's way. the question is whether samsung and amazon are meaningfully zapping the apple products. >> all right, jan. thanks so much. >> we've got both sides of that debate right now. the iphone 5's big debut in china is further proof that apple's fundamentals are solid one says. but stewart jeffrey is not sold. he says rivals like google's android...
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>> the best way to play china would be the etf. it's a proxy for the market, but that's because the others out there, you know, they have a lot more of a spread because it's harder to trade the stocks so, you know, the size would trade closer to the index, probably one of the sharper investors, etfs for investors. liz: bruno, the best idea with the fiscal cliff, you believe the cuts kicking in january 1 # #st, something will happen, there will be a deal. that said, where do you advise people to put your money? >> a generational opportunity with the energy or in the sense that's happening right here in the u.s.. we are going to see tremendous growth from a number of companies particularly on the exploration and production space, and specifically around a fiscal cliff creating short term opportunity with limited partnerships, or mlps, the backbone of a lot of the infrastructure that's being built around the energy in a sense that we're seeing, and we'll see it for years to come, and so a lot of opportunities with a lot of opportuniti
>> the best way to play china would be the etf. it's a proxy for the market, but that's because the others out there, you know, they have a lot more of a spread because it's harder to trade the stocks so, you know, the size would trade closer to the index, probably one of the sharper investors, etfs for investors. liz: bruno, the best idea with the fiscal cliff, you believe the cuts kicking in january 1 # #st, something will happen, there will be a deal. that said, where do you advise...
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Dec 7, 2012
12/12
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we're better than china. meanwhile our energy costs are plummeting courtesy of the cleaner, cheaper fuel, natural gas. so cheap here it can be liquefied in the united states and sold overseas at much lower prices. potential exporter dominion later tonight. that business unimpeded by washington could be brimming with jobs. a lot of projects on hold, though, fiscal cliff. yep, the obstacle is washington, all because of the need to sock it to the 2%, not the 1.5% and the over $400,000 crowd, the 1%, or the need to fulfill the anti-tax pledge of allegiance many of our congressmen made to my college chum grover norquist. i thought bill gates and chief justice roberts were powerful. he makes the other guys look like crash dummies. we're on the cusp of an economic boom in this country. but we have politicians that would rather create a recession, a mandated economic collapse, let's create a bear market versus rising above. and guess what? these enemies of wealth and job creation may get their way and win. yes, to bo
we're better than china. meanwhile our energy costs are plummeting courtesy of the cleaner, cheaper fuel, natural gas. so cheap here it can be liquefied in the united states and sold overseas at much lower prices. potential exporter dominion later tonight. that business unimpeded by washington could be brimming with jobs. a lot of projects on hold, though, fiscal cliff. yep, the obstacle is washington, all because of the need to sock it to the 2%, not the 1.5% and the over $400,000 crowd, the...
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china is starting to come back. on the other side of china, we should start to see good rebound. that is the premise. here we are in the united states with one of the best economies in the world getting better and the potential to take them off the rails with the fiscal cliff conversation. liz: more than 200 companies have moved up their dividend of dave. do you have plans to speed up your favorites before the end of the year, andrew? >> we have a very healthy dividend payment. we have what we consider a long-term approach. the short answer is, we are looking at all options. it is doubtful we will do anything. liz: are you in the cheering for you think it will not be as bad if they do not strike a deal? >> there is no business leader out there that is not in the camp of saying if this does not get done, this will be a very negative affect on the u.s. economy. we are in the camp, all of us, working hard to bring that point to both sides of the aisle. i believe that they are hearing that very loudly from many of us in the business community. the hammering out and the public domain
china is starting to come back. on the other side of china, we should start to see good rebound. that is the premise. here we are in the united states with one of the best economies in the world getting better and the potential to take them off the rails with the fiscal cliff conversation. liz: more than 200 companies have moved up their dividend of dave. do you have plans to speed up your favorites before the end of the year, andrew? >> we have a very healthy dividend payment. we have...
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Dec 5, 2012
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the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the global economy is doing better, they will continue to go higher. >> up 7%, western digital. mike? >> accelerated dividend is one. >> and we've got a pop here for honey boo boo. >> what? >> what do secretary of state hillary clinton, chris christie and honey boo boo have in common? they've all been placed on barbara walters' most fascinating list. honey boo boo has her fair share of critics including adam lee convenient and south parks. she's sweet loving. look at that face. >> so that's not a sign? >> what? >> of the myan prophecy. >> i knew you were going there. >> that's scary. >> all rig
the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the global economy is doing better, they will...
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Dec 14, 2012
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the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's counter intuitive. >> if that were to happen, i agree with josh. i don't know that i see that in front of us. if that were to happen, i think that present a great opportunity. i look at the financials. goldman sachs, i look at all the financials. jpmorgan, goldman sachs, i like them. >> i totally get what mike's saying. it's an interesting thing to consider. it's definitely possible of course. my inclination would be a 1,000 point dow rally. there's so much pent up fear and skepticism. with that out of the way in addition to what the feds told us, which is low rates until we're dead, i ca
the china news is good. i like a and r. i like the cole names. the one beaten down has the most up side. >> simon. >> in video the table chip. >>> j.j. >> in the financial sector it's like a boxer that gets beat up day after day after day, it never goes down. with that being said, goldman sachs is a financial stock. >> what do you make of this argument that santolli was making, pete. you can get a sell on the news event if you get a deal on the fiscal krif. it's...
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Dec 26, 2012
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it's very good for china. but of course, the fiscal cliff will have a huge impact on where emerging markets and the rest of the world goes this year. i think if you really want to play it smart, you look at consumer-facing businesses, health care technology, emerging markets. you can't lose. >> well, ron, that's what i was going to ask you. you brought up india and the rising consumer is such a big piece of the growth story there. can you drill down for me more on how we can tap into that and capitalize on it? >> absolutely. so here's the issue with the consumer. obviously the consumer story is the biggest thing for the emerging markets. that's the story for the next decade at least. the issue is that a lot of the adrs that we can trade don't really touch the consumer as much as we'd like. there are a few. on the technology side, we like a number of stocks, like we like china mobile. that's chl. that gives you the emerging consumer, that's really moving into mobile. we like qihu. that's a stock that really get
it's very good for china. but of course, the fiscal cliff will have a huge impact on where emerging markets and the rest of the world goes this year. i think if you really want to play it smart, you look at consumer-facing businesses, health care technology, emerging markets. you can't lose. >> well, ron, that's what i was going to ask you. you brought up india and the rising consumer is such a big piece of the growth story there. can you drill down for me more on how we can tap into that...
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Dec 6, 2012
12/12
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make it here and you don't have to ship from china, saving a lot of money. suddenly, the math isn't adding up. so, they are decides that made in america makes more sense. >> yes, it's an economic question about being made in america. it's not necessarily a patriotic question. it's an economic question. >> reporter: one that also creates a ripple effect here at home. the other jobs created. just last night, we introduced you to arianna russell in st. louis, making her own iphone cases and determined to make her design here in america. so, you found a way to do it here. >> i found a way to do it here. >> reporter: there was so much interest in those cases last night that her website crashed within five minutes of our report. but it's back up and running tonight and she tells us she sold 2,000 of the cases in 2 hours. on this larger announce m from apple tonight, we reached out to our team of economists and they all echoed one another, saying this is about more than just good will. it's now good business. and this move puts an exclamation point on the trend we'
make it here and you don't have to ship from china, saving a lot of money. suddenly, the math isn't adding up. so, they are decides that made in america makes more sense. >> yes, it's an economic question about being made in america. it's not necessarily a patriotic question. it's an economic question. >> reporter: one that also creates a ripple effect here at home. the other jobs created. just last night, we introduced you to arianna russell in st. louis, making her own iphone...
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liz: what other areas do you like with china? if people are concerned about whether we will see more of a slowdown, what is your number one moneymaker? >> the telecom of australia. the reason they say that is a 6.5% dividend. which is great, up 30% this year. let's say it does nothing over the next four or ffve years and you're collecting the dividend rising at 4% per year, you look at the compound rate, it is 8%. maybe even more. liz: you still have time to be a shareholder of record. >> absolutely. you look at the point of view of other areas to invest. you can own internationally by having u.s. companies. invest internationally would be a theme i think would be nice for everybody. the mcdonald's of the world, that is where there is growth and expansion. imagine a starbucks, not many in the u.s. liz: they have 17,000 stores globally. i know the exact number, and they are expanding. they had to close 60 600 stars a financial crisis. they're getting in the same trouble. said i would never overspend again, but these new numbers ar
liz: what other areas do you like with china? if people are concerned about whether we will see more of a slowdown, what is your number one moneymaker? >> the telecom of australia. the reason they say that is a 6.5% dividend. which is great, up 30% this year. let's say it does nothing over the next four or ffve years and you're collecting the dividend rising at 4% per year, you look at the compound rate, it is 8%. maybe even more. liz: you still have time to be a shareholder of record....
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Dec 13, 2012
12/12
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china doesn't just get access to the canadian oil fields. the chinese get direct access to choose reserves in our own back yard in the gulf of mexico. it still needs approval from washington, but the chinese will control a major north american oil company. lou dobbs is with us now. i cannot imagine that you think this is a good idea. lou: is a terrible idea if it's not altered. as you know, the oil and the immense reserves, it will likely begin doing so over the years ahead. it is a big deal for the chinese. they also have control just about 116 million barrels of oil in the gulf of mexico, primarily fields off the coast of louisiana. those are under u.s. jurisdiction. the trick here is the chinese offshore oil company, the chinese national offshore oil company, they have run into this before. it was back in 2005 when they tried, as you probably recall, they ran into all sorts of issues due to better than other technology and resources held and it was locked. this time, i think it is -- it is very important that significant authorizations ar
china doesn't just get access to the canadian oil fields. the chinese get direct access to choose reserves in our own back yard in the gulf of mexico. it still needs approval from washington, but the chinese will control a major north american oil company. lou dobbs is with us now. i cannot imagine that you think this is a good idea. lou: is a terrible idea if it's not altered. as you know, the oil and the immense reserves, it will likely begin doing so over the years ahead. it is a big deal...
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Dec 13, 2012
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cenk: oh, my god, they're moving all the jeep jobs to china. then the ceo put out a statement. i feel obliged to state our position. jeep production will not be used tofrom the united states to children. it is inaccurate to suggest anything different. they knew it wasn't true, and even after this statement mitt romney kept saying over and over again, they're going to move all the jeep jobs to china. can you believe it? so that wound up being lie of the year for political fact. they asked readers to pick out the top lies of the year. the top five. here's the first one. >> what we now have is the biggest tax increase in the history of the world. obama-care is just a massive tax increase. that's all it is. >> cenk: that's awesome. the biggest tax increase in the history of the world. now the reeders picked that number one biggest lie now number two was this one. >> if you got a business, you didn't build that, somebody else made that happen. >> my father's hands didn't build this company? my hands didn't build this company? >> through hard work an
cenk: oh, my god, they're moving all the jeep jobs to china. then the ceo put out a statement. i feel obliged to state our position. jeep production will not be used tofrom the united states to children. it is inaccurate to suggest anything different. they knew it wasn't true, and even after this statement mitt romney kept saying over and over again, they're going to move all the jeep jobs to china. can you believe it? so that wound up being lie of the year for political fact. they asked...
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Dec 10, 2012
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numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be there for the long term. >> sure. >> in fact, he may be leaving a month earlier than originally planned. this should not be a surprise in the larger context. while we may mention berlusconi's name right now, he's not expected to win. >> look, we knew that monti was successful. >> it may be whoever follows him is going to roll some of the gains that he's had. so-called gains. >> that's going to cause ripples here. look, on saturday night, i said, we're going to have a nice opening. china's good, people know that monti is not really going to hurt italy. i think if china continues the momentum, but the number -- >> the ex sports were less than expected in the month of november. which is a concern. then there's this perverse glass half full, that some data comes in lower, it might fuel the case for sti
numbers came out saturday for china. i think italy has been remarkably good. so this was a big game changer. italy had been a part of the good story of european recovery. now it's back. >> all to monti was never intended to be there for the long term. >> sure. >> in fact, he may be leaving a month earlier than originally planned. this should not be a surprise in the larger context. while we may mention berlusconi's name right now, he's not expected to win. >> look, we...
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Dec 10, 2012
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retail stocks and your exposure in china such as tiffany. >> i'm not a fan of tiffany. that stock has been a very, very difficult stock. i do think that you want to look at pch because of the warm weather in america, but on calvin klein, that's the one i think you ought to look at. got to come in, warm weather is going to cause everybody to have jitters. i wish we could forget about politics. until we get a deal, it's bad news for themarket. even for cheap stock like apple. "mad money" will be right back. >>> tonight, two companies with break through products that are leading the charge. cramer is talking to the ceos of immunojet and seattle genetics, just ahead. and later, reenergized in pipelines, they're america's energy toll road and they can provide investors with a secure source of dividends, but his investment in north dakota's oil rich back and shale continues, cramer's looking for companies that are looking to expand. all coming up on "mad money." well, if it isn't mr. margin. mr. margin? don't be modest, bob. you found a better way to pack a bowling ball. that
retail stocks and your exposure in china such as tiffany. >> i'm not a fan of tiffany. that stock has been a very, very difficult stock. i do think that you want to look at pch because of the warm weather in america, but on calvin klein, that's the one i think you ought to look at. got to come in, warm weather is going to cause everybody to have jitters. i wish we could forget about politics. until we get a deal, it's bad news for themarket. even for cheap stock like apple. "mad...
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Dec 14, 2012
12/12
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what went wrong in apple in china. where are they huge crowds of people tripping over themselves to get the new iphone five? after all, 300,000 reorders. 300,000. it sounds like a lot, but there are some are calling this launch this news, even a dad. will this further erode the stock which has plummeted 28% since that september? we decided to go beyond this. of the chinese over it? some months, the apple turnout, not at all what it was cracked up to be. investors are voting with their wallets. apple shares are down. just a couple of percentage points. important to know this is trading in a nine month low. add another 4 percent today, the negative comments adding to the selling pressure. the firm cutting its 2013 estimates and lowering its price target. we know that maybe the huge ones are not so huge in china because apple instituted an online reservation system. folks, let's not ignore it. the allies did not even come close to this, the launch of the iphone four in the u.s. when people waited all night long, lines wra
what went wrong in apple in china. where are they huge crowds of people tripping over themselves to get the new iphone five? after all, 300,000 reorders. 300,000. it sounds like a lot, but there are some are calling this launch this news, even a dad. will this further erode the stock which has plummeted 28% since that september? we decided to go beyond this. of the chinese over it? some months, the apple turnout, not at all what it was cracked up to be. investors are voting with their wallets....
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troops into asia china's new leader advises his military to prepare for a struggle. it is a pleasure to have you with us here on new day. live from the russian capital the fate of a ukrainian journalist held by syrian rebels remains unknown after a deadline from a group threatening to execute finally passed on the question of was kidnapped by insurgents said to be from the free syrian army and she repeatedly accused of brutality against civilians taking up the story for us now. well the deadline has passed with no word as to whether or not she is dead or alive she was reportedly kidnapped by the free syrian army and held for ransom of fifty million u.s. dollars she was taken hostage nearly two months ago and since then has appeared in two separate videos in the first she appeals to the ukrainian government to pay the ransom money and set her free in a second which many believe was made under drew is she admits to being a spy but the point needs to be made that just about everyone believes the that this video was made under extreme pressure and delts the object of mis
troops into asia china's new leader advises his military to prepare for a struggle. it is a pleasure to have you with us here on new day. live from the russian capital the fate of a ukrainian journalist held by syrian rebels remains unknown after a deadline from a group threatening to execute finally passed on the question of was kidnapped by insurgents said to be from the free syrian army and she repeatedly accused of brutality against civilians taking up the story for us now. well the...
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china operations are all today please. all right guys here's the deal just because secure as in put it on concert for haiti or the fact that white cloud john and it is bid for presidency there doesn't mean the country isn't deserving of our attention right now breaking with that travel there to see the poor conditions haitians live in and find out what needs to be done so we can come back and share it with you my producer manimal rob lowe has the story check it out. this is port au prince the capital of the western caribbean nation of haiti when most of us think of haiti the first thought that might come to mind is the seven point six magnitude earthquake that devastated much of the country in two thousand and ten but in the poorest nation in the western hemisphere eighty six percent of the population lived in slums even before the earthquake hit . two years on four hundred thousand people who had homes now live in tents displaced indefinitely in conditions that no human being should ever have to endure and although there
china operations are all today please. all right guys here's the deal just because secure as in put it on concert for haiti or the fact that white cloud john and it is bid for presidency there doesn't mean the country isn't deserving of our attention right now breaking with that travel there to see the poor conditions haitians live in and find out what needs to be done so we can come back and share it with you my producer manimal rob lowe has the story check it out. this is port au prince the...
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Dec 26, 2012
12/12
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reason for that is we look at china. china's economy is turning the corner. that's also helping with what you folks talked about earlier in the crude oil. see how it plays out. even though it's a light volume week as far as trading -- ashley: still, though, a downward trend with the chart. what's the story with silver? >> well, you saw silver pull back with gold. normally, they run, and now what we're seeing is there's a little bit more demand. china's picking up the pace a little. we are seeing silver that's up, what, 24 cents as of today? not a bad move from a one day, especially in the light volume. ashley: if we get it done on the fiscal cliff, will we see a selloff in metals? >> i don't believe that we will. europe right now is the safe haven. there's no negative news. by any means, they are not done with all that's going on over there. everything is focused here on the u.s. and the fiscal cliff, and until that is resolved, if it gets resolved, the traders are pulling back, volatility's high, and there's going to be very thin volume in the markets. it's
reason for that is we look at china. china's economy is turning the corner. that's also helping with what you folks talked about earlier in the crude oil. see how it plays out. even though it's a light volume week as far as trading -- ashley: still, though, a downward trend with the chart. what's the story with silver? >> well, you saw silver pull back with gold. normally, they run, and now what we're seeing is there's a little bit more demand. china's picking up the pace a little. we are...
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Dec 17, 2012
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we didn't talk about china at all. china is evidencing, from every angle, a soft landing. >> well, they're not talking about doing any additional big stimulus package? >> they probably don't need to. so we're that going to get acceleration on the other side but we're not going to have this fall, and where is this going to stop? if you have china, okay. the u.s. a little better. europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal cliffwise and we actually start tackling some of these long-term issues, you know diffident taxes are heading up. what -- is the market spring loaded so that if we get what we want it will be a really solid advance that we get? >> solid, look, joe, and in a muddle through economy solid is only a mid teen number. we're not going to get 30% gain. >> put the two years together we could have 30, if we get some of the things -- >> we had three straight years at 30. >> that was a different world. earnings were higher. they're flagging a bit now. >> if everybod
we didn't talk about china at all. china is evidencing, from every angle, a soft landing. >> well, they're not talking about doing any additional big stimulus package? >> they probably don't need to. so we're that going to get acceleration on the other side but we're not going to have this fall, and where is this going to stop? if you have china, okay. the u.s. a little better. europe less bad. it's going to be an okay economic -- >> you get everything you want, fiscal...
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Dec 6, 2012
12/12
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smartphone in china. shares of nokia jumped 12.8%. volume was very heavy as shares sit at a seven-month high. meantime, banking stocks were in focus thanks to the job cuts announced at citigroup. bank of america joined in the rally with shares closing with a double-digit handle. with b. of a. finishing the session at $10.46, it's the first close over $10 per share since july 2011. also helping the financial sector: insurance companies. two of them released their estimates of how much hurricane sandy will cost them. travelers figures the storm will cost it $650 million. hartford pegged its storm losses as high as $350 million. analysts say the companies can absorb the impact. both stocks were higher. travelers rallied 4.9%, closing less than one dollar away from a new 52-week high. hartford added 2.9%. drug giant pfizer had encouraging news on an experimental breast cancer drug. with up to $6 billion in potential global sales, the stock rallied. shares jumped 1.9% on heavier than usual volume. while the br
smartphone in china. shares of nokia jumped 12.8%. volume was very heavy as shares sit at a seven-month high. meantime, banking stocks were in focus thanks to the job cuts announced at citigroup. bank of america joined in the rally with shares closing with a double-digit handle. with b. of a. finishing the session at $10.46, it's the first close over $10 per share since july 2011. also helping the financial sector: insurance companies. two of them released their estimates of how much hurricane...